FORRESTER METALS INC V.VEM

NEWS- Vena Drills 5.65 Metres of 304 g/t Ag

[1option1]

• Vena Intersects 5.65 Metres of 304 g/t Ag Including 2.0 Metres of 593 g/t Ag at Esquilache Polymetallic Property

  TORONTO, Jan. 15, 2015 /CNW/ - Vena Resources Inc. (the "Company" or "Vena") (TSX: VEM, Peru: VEM, Germany: V1RA, USA: VNARF) is pleased to provide further results on the current drill program at the Company's 100% owned Esquilache project, a silver-rich polymetallic property. To date, the Company has completed 619.4 metres of drilling and assays have been received for 11 of the 12 holes that have been drilled as shown in… Read More

[jediknight]

WOW! Let's see if market appreciates this. Many mines are in production at 2 grams per ton or less.

[mukh6]

This is huge. Under normal market conditions this share price would rise 10x over on this announcement.

[jediknight]

misread pr. its silver, not gold. still great results. market will not care.

[battleready]

No gold is the problem. 300 g/t Ag is $150 to $160 per tonne. This is like 5.65 m of 4 grams Au per ton.

[anotherguess]

Interesting for something that appears to be very shallow ... open pit $150 / t ore works.